Sunway Berhad was voted by global investors as the Best Mid-Cap Company in Malaysia through FinanceAsia’s annual list of Asia’s Best Companies 2016.
Part of the award-winning UK-based Haymarket Media Group, FinanceAsia covers investment banking, capital markets and strategic corporate finance in the Asia Pacific region.
FinanceAsia’s Best Managed Company Poll has been running annually for 16 years to gather opinions from investment communities around the world on which listed companies in Asia they considered to be the best managed, has the best senior executives and the best policies on corporate governance. A total of 129 portfolio managers and buy-side analysts with mandates on listed companies in the region responded.
Chong Chang Choong, Chief Financial Officer of Sunway Berhad, said, “We are delighted to be recognised by the global investment community for the leadership capabilities of our senior management team and our commitment to corporate governance. We are humbled by this acknowledgement and would like to express our thanks to all for their support and confidence in Sunway. We will continue to foster strong relations with our stakeholders through our best business practices to communicate the Group’s business strategy, value drivers and challenges.”
Sunway is a leading property-construction group in Malaysia with 12 established business divisions across 50 locations worldwide. Today, the Group has a combined market capitalisation of approximately RM12 billion and is led by its visionary founder and chairman Tan Sri Dr. Jeffrey Cheah.
Underpinned by its unique Build-Own-Operate business model, Sunway offers services across the entire property value chain, beginning from acquisition of land bank to master-plan developments, product design to building construction, marketing and sales to property management, and a REIT vehicle to monetise its property investment assets when they mature.
In Malaysia, Sunway is best known for master planning three townships of Sunway Resort City, Sunway City Ipoh and Sunway Iskandar, and integrated developments spanning some 5,000 acres.